Butler National director granted 3,197 shares

Director Julie Marie Bowen received an equity grant in Butler National, increasing her directly held common shares.

Rhea-AI Filing Summary

BUTLER NATIONAL CORP (BUKS) reported that director Julie Marie Bowen received a grant or award of 3,197 shares of Butler National common stock on September 21, 2026 at a reference value of $3.91 per share.

After this acquisition, she holds 29,932 shares of Butler National common stock directly, and no Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 3,197 shares

Grant/Award 1 txn

Insider Bowen Julie Marie

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Butler National Common Stock	3,197	$3.91	$13K

Holdings After Transaction: Butler National Common Stock — 29,932 shares (Direct)

Key Figures

Shares granted: 3,197 shares Grant reference price: $3.91 per share Shares held after transaction: 29,932 shares

3 metrics

Shares granted 3,197 shares Grant or award of Butler National common stock on September 21, 2026

Grant reference price $3.91 per share Reference value for the 3,197-share grant on September 21, 2026

Shares held after transaction 29,932 shares Direct holdings of Julie Marie Bowen after the September 21, 2026 grant

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BUKS report for director Julie Marie Bowen?

The company reported that director Julie Marie Bowen received a grant or award of 3,197 shares of Butler National common stock on September 21, 2026 at a reference value of $3.91 per share.

How many BUKS shares does Julie Marie Bowen hold after this transaction?

After the reported grant, Julie Marie Bowen holds 29,932 shares of Butler National common stock directly, as stated in the filing.

Was the Butler National (BUKS) insider grant made under a Rule 10b5-1 plan?

No. The filing indicates the Rule 10b5-1 checkbox is not selected, so this reported grant to Julie Marie Bowen was not made under a Rule 10b5-1 trading plan.

What type of insider transaction did BUKS disclose for September 21, 2026?

On September 21, 2026, Butler National disclosed a grant or award acquisition of 3,197 shares of common stock by director Julie Marie Bowen, rather than an open-market purchase or sale.

What was the reference price for the BUKS shares granted to Julie Marie Bowen?

The filing reports a reference value of $3.91 per share for the 3,197 shares of Butler National common stock granted to director Julie Marie Bowen.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/21/2026 - 05:22 PM Accepted by SEC EDGAR 09/21/2026 - 05:22 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bowen Julie Marie

(Last) (First) (Middle)

5708 PAYNE STREET

(Street)

SHAWNEE KANSAS 66226

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BUTLER NATIONAL CORP [ BUKS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Butler National Common Stock	09/21/2026		A		3,197	A	$3.91	29,932	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Julie Marie Bowen	09/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)